Merger Notification - Announcement according to § 10 Cartel Act

Celanese Corporation; Advanced Elastomer Systems Limited - BWB/Z-5563 | Bundeswettbewerbsbehörde

Celanese Corporation; Advanced Elastomer Systems Limited

BWB/Z-5563

23.07.2021

On 22.07.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Celanese Corporation (Irving, Texas / USA) intends to acquire the Santoprene thermoplastic vulcanizate business from Exxon Mobil Corporation.


The proposed concentration concerns thermoplastic vulcanizates (TPV).


Affected industry:  Manufacture of plastics in primary forms

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 19.08.2021.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 20.08.2021 .

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